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NEW YORK ( TheStreet) -- The ex-dividend date for Baker Hughes (NYSE: BHI) is tomorrow, January 30, 2014. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.59 as of 9:45 a.m. ET, the dividend yield is 1.1%. The average volume for Baker Hughes has been 4.2 million shares per day over the past 30 days. Baker Hughes has a market cap of $24.93 billion and is part of the basic materials sector and energy industry. Shares are up 1.8% year to date as of the close of trading on Tuesday. Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7.